MetaTrader 5 vs. TradeStation

TradeStation

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
MetaTrader 5	Score 6.2 out of 10	N/A	Henyep Capital Markets (HYCM) & MetaTrade are FCA and CySEC-regulated market leader in providing online FX and CFD trading to retail and institutional investors. HYCM is part of the Henyep Group, an international conglomerate with business in financial services, property, education and charity spanning 20 countries across 3 continents.	N/A
TradeStation	Score 10.0 out of 10	N/A	TradeStation, from the company in Plantation, enables users to Trade Stocks, ETFs, Crypto, Options, and Futures. From South Florida to Tokyo, Texas to Hong Kong, London to Chicago, and New York to Costa Rica, TradeStation and its affiliated companies are pursuing a singular vision: to build the ultimate online trading firm for serious self-directed traders and investors, leveraging leading-edge technologies to create the world’s most advanced trading tools and global technology infrastructure.	$5 Commission per trade for non-US residents

Pricing

MetaTrader 5

TradeStation

Editions & Modules

No answers on this topic

United States - Stocks & ETFS: $0 Commission
United States - Stocks Options: $0 Commission
+ $0.60 per contract
Non-US Residents - Stocks & ETFs: $5 Commission per trade
Non-US Residents - Stock Options: $5 Commission per trade
+ $0.60 per contract
United States - Funding Requirements: No Minimum
United States - Web Trading: Free
United States - TradeStation Desktop: Free
United States - Mobile Apps: Free
Non-US Residents - Mobile Apps: Free
Non-US Residents - TradeStation Desktop: Free
Non-US Residents - Web Trading: Free
Non-US Residents - Funding Requiremtns: No Minimum

Offerings

Pricing Offerings
MetaTrader 5	TradeStation
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

Fixed---Fixed Spreads from 1.8 pips ("percentage in point")----No Commission/ Classic--Variable Spreads from 1.2 pips (percentage in point)--No Commission/ Raw--Raw Spreads from 0.2pips (percentage in point) + $4 per round/

—

More Pricing Information

Community Pulse
	MetaTrader 5	TradeStation

Best Alternatives
	MetaTrader 5	TradeStation
Small Businesses	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Medium-sized Companies	Coinbase Score 9.0 out of 10	Coinbase Score 9.0 out of 10
Enterprises	No answers on this topic	No answers on this topic
All Alternatives	View all alternatives	View all alternatives

User Ratings
	MetaTrader 5	TradeStation
Likelihood to Recommend	8.4 (2 ratings)	- (0 ratings)

User Testimonials
	MetaTrader 5	TradeStation
Likelihood to Recommend	HYCM MetaTrader 5 1. it is best suited in terms of algorithmic trading, where it helps in better understanding with time intervals and easy-to-use UI . Best for forex trading. 2. Security feature is not well trusted. anyone can join, anyone can fake with screenshots and pics and can show the fake profits which are breaking the trust. There must be a system to not support these activities. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review	TradeStation No answers on this topic
Pros	HYCM MetaTrader 5 forex trading analysis and charts with better time intervals better user interface trading based on AI and algorithms Incentivized Neeraj Kumar Gupta DevOps Architect Read full review	TradeStation No answers on this topic
Cons	HYCM MetaTrader 5 support can be better reachability is troublesome due to heavy user base security is the biggest issue and lacks trust Incentivized Neeraj Kumar Gupta DevOps Architect Read full review	TradeStation No answers on this topic
Alternatives Considered	HYCM MetaTrader 5 1. Better in terms of investor accounting and investor reporting management. 2. Easy to use and setup and better in terms of decision making with algorithmic charts. 3. Better in terms of pricing overall a good and well recommended product to use for all sorts of trading and forex, hedge etc. Incentivized Neeraj Kumar Gupta DevOps Architect Read full review	TradeStation No answers on this topic
Return on Investment	HYCM MetaTrader 5 Gives awesome ROI on my trading and Investing Portfolio Very good Client Support Have Awesome Integration with Different trading Platforms, Dow Jones, and Different Markets Incentivized RM Rajat Miglani Test Lead Read full review	TradeStation No answers on this topic
ScreenShots